Rescuing Retirement by Tony James

Rescuing Retirement by Tony James

Everyone deserves to be able to retire with dignity, but this core feature of the social contract is in jeopardy. Companies have swerved away from pensions, and most of the workforce has woefully inadequate retirement savings. If we don't act to fix this broken system, rates of impoverishment for senior citizens threaten to skyrocket, and tens of millions of Americans reaching retirement age in the coming decades will be forced to delay retirement and will experience a dramatic drop in their standard of living. In Rescuing Retirement, Teresa Ghilarducci and Tony James offer a comprehensive yet simple plan to help workers save for retirement, increase retirement savings by earning higher returns, and guarantee lifelong income for everyone. Built on people's own money in individual Guaranteed Retirement Accounts, the plan requires no new taxes, no more bureaucracy, and no increase in the deficit. Speaking to Americans' growing anxiety about their ability to retire, Rescuing Retirement provides answers to anyone wanting to understand the growing movement to protect a period of life once considered a deserved time of rest and creativity and offers a practical guide to the future of secure retirement.

Rescuing Retirement is an explicit call to action aimed directly at those with the greatest stake in the problem-the millions of workers, employers, and policy makers whose lives will be affected by the actions (or inaction) of today's stakeholders-- Stephanie Kelton, University of Missouri-Kansas City

Teresa Ghilarducci is the Irene and Bernard L. Schwartz Professor of Economics and Policy Analysis at the New School for Social Research, director of the Schwartz Center for Economic Policy Analysis, and director of the New School's Retirement Equity Lab. She is the author of When I'm Sixty-Four: The Plot Against Pensions and the Plan to Save Them (2008) and How to Retire with Enough Money: And How to Know What Enough Is (2015).

Tony James is executive vice chairman of the Blackstone Group and a member of Blackstone's board of directors. He previously served as Blackstone's president and chief operating officer.

SKU	Unavailable
ISBN 13	9780231185646
ISBN 10	0231185642
Title	Rescuing Retirement
Author	Tony James
Condition	Unavailable
Binding Type	Hardback
Publisher	Columbia University Press
Year published	2018-01-23
Number of pages	184
Cover note	Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
Note	Unavailable